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Company News for Jun 18, 2024

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  • Shares of Autodesk, Inc. ((ADSK - Free Report) ) jumped 65.% following reports that activist fund Starboard Value has acquired a $500 million stake in the company.
  • AMC Networks Inc.’s ((AMCX - Free Report) ) shares plummed 35.1% after the company announced its plans to sell $125 million in convertible senior notes due in 2029 in a private offering.
  • Shares of Meta Platforms, Inc. ((META - Free Report) ) gained 0.5% as part of the broader tech rally.
  • Amazon.com, Inc.’s ((AMZN - Free Report) ) shares rose 0.2% on the broader tech rally.

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